Multiple Choice Questions on A got Rs 6000 as his share out of the total profit of Rs 13000 B had invested Rs 7000 for 8 months w........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    A got Rs 6000 as his share out of the total profit of Rs 13000. B had invested Rs 7000 for 8 months while A invested for 10 months. Find the amount invested by A.

    Rs 4800

    Correct Answer

    Rs 3600

    Incorrect Answer

    Rs 2900

    Incorrect Answer

    Rs3450

    Incorrect Answer
    Explanation:

    A’s profit 6000 then B’s profit 13000-6000=7000.
    Profit ratio 6:7
    Let the amount invested by A be x.
    (x * 10)/(7000*8)=6/7
    X= 6/7*1400*4
    =Rs4800.

    Hence, option 1 is the correct answer.


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